Another positive trend since June 25th, 2008 weekly statistics. Total inventory actually dropped by 1 while pending increased by 7.
From a price range point, starter condos/townhomes as well as starter single family homes up to $800K, while $800K and up homes suffered slightly.
With Fannie Mae tightening guidelines for people who are thinking about using their current home as a 2nd home or investment property, this might be the time to lock down that loan and purchase your dream home.
Check with your mortgage broker for the details and how that affect the specific lenders they work with.
Check with your trusted Realtor about inventory on the market and what's the best house for your needs and wants!
|
category |
Total Units/ In Escrow |
% Active |
% Pending |
% +/- since 5/28 | |||
|
All SFD's and CID's |
|
455/124 |
|
73% |
|
27% |
+1% |
|
SFD's |
|
336/81 |
|
76% |
|
24% |
+2% |
|
CID's |
|
119/43 |
|
64% |
|
36% |
+1% |
|
$0 -$500K SFD |
|
55/27 |
|
51% |
|
49% |
-3% |
|
$500,001-$600K |
|
38/11 |
|
71% |
|
29% |
+7% |
|
$600,001 - $700K |
|
58/15 |
|
74% |
|
26% |
+9% |
|
$700,001 - $800K |
|
40/8 |
|
80% |
|
20% |
+6% |
|
$800,001 - $999,999 |
|
50/7 |
|
86% |
|
14% |
-5% |
|
$1M - $1.25M |
|
34/6 |
|
82% |
|
18% |
-3% |
|
$1.25M - $1.5M |
|
25/3 |
|
88% |
|
12% |
-0.5% |
|
$1.5M+ |
|
36/4 |
|
89% |
|
11% |
-1% |
- Buyer's Market < 25%
- Neutral 25% - 40%
- Seller's Market > 40%
Nice blog I love the graphics you placed in here, I enjoy reading how other parts of the country doing on sales and etc, media has a tendency wanting to kick us realtors in the tail have a great week.
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